- Location
- Montgomeryshire
An FBT is a blank sheet of paper that can have anything you chose incorporated in to it.
Depending on your landlords situation there may well be tax advantages to him with you moving to an FBT. It would be quite possible to have an FBT that ingnored the residential value of the houses and where the rent was calculated on its earning potential.
^this. There is absolutely no reason an FBT agreement can't have anything an AHA agreement has in it, provided both parties are in agreement, including security for whatever term is agreed. What the OP should be wary of, as correctly pointed out by others, is being shafted by a shift to an agreement where those houses are included in the rental value, and the land based on whatever some other eejit will pay in the mustard cords guys' made up world.
He should take advice from an agent with a good knowledge of tenancy law, who could be suggested by the TFA. Don't necessarily be afraid because of the letters FBT.